Gregor Baumbusch, CEO of the WEINIG Group, said the company is “really satisfied as its order intake in 2024 is higher than in 2023, which has led them to raise expectations for 2025.”
Baumbusch made the comments during a recent company open house event at its headquarters in Tauberbischofsheim, Germany.
“However, sales and earnings will – as planned – decline this year. We are coming from a peak with a high order backlog that had to be processed first, so this comes as no surprise. But overall we see the situation as positive, even if the times are challenging.
Baumbusch added that challenging times nothwothstanding, this is not the time to complain, but to move ahead. He said the company’s solid wood sector has developed very well over the last four years and is growing. In contrast to the panel area in the Weinig Group, which is trending downward.
“But we still see many options and opportunities, so we are far from having to worry. We don't have any jobs up for discussion either. On the contrary: We are investing.” Recently, for example, in our new campus in Statesville in the U.S. The production focus there is primarily in the area of automation.
